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CoreWeave Trust Crisis: Stock Price Decline and Rising Bond Yields

CNBC ·

CRWV CoreWeave Inc
$61.82 -0.50%
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  1. 1CoreWeave's stock price fell 29% this month.
  2. 2CoreWeave's current enterprise value is estimated at approximately $34 billion.
  3. 3CoreWeave's 5-year credit default swap spread increased by 164% over the past year.

So what's the key point?

CoreWeave's stock price dropped 29% this month. This indicates a decrease in company value and an increase in the risk of not being able to repay debts.

Source CNBC · View original ↗

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